Topics regarding layoffs at Chubb

Topics regarding layoffs at Chubb

Be strong.

This is the company that I retired from last May. Man I am so glad I did. The comments you're reading and the lost your seeing are from people that I've worked with for 15 years. Be strong.

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| 2560 views | | 2 replies (last May 22, 2016)
Post ID: @OP+FEEv5VP

Flexible with employees

They are really flexible with employees work schedule, which is a good thing. They are always trying to provide employees with an extraordinary work environment. But, on the other hand balance between life and work is good just for lower level... — read more 

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| 2830 views | | no replies yet
Post ID: @OP+FDsLZTV

Should I update my resume?

It seems like some folks are already updating their resume. Situations is not good at all. Who will be hit the most... We will end up outsourcing almost everything.

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| 2310 views | | 2 replies (last January 30, 2016)
Post ID: @OP+FDHFN7Q

Keep up the good work

This is a stable company and financially conservative company. It is a definitely a good place to be with the current economy. Lots of smart people, they valued characters. i would say it is a good job security in tough times.

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| 2190 views | | 3 replies (last May 22, 2016)
Post ID: @OP+FDyf1Lj

Not a great place to be

Just a couple of things to say about my office: Mgmt doesn't know how to communicate, supervisors are not knowledgeable and they barely know what is going on during the day. My advice to they would be to listen to their employees.

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| 1880 views | | 1 reply (January 26, 2016)
Post ID: @OP+FDIh9T5

Lack of knowledge

Some managers are not suited for their jobs - they have lack of knowledge, poor people skills - but still sticking to the position just because they have been with the company for a long time. The salaries are pretty low compared to other companies... — read more 

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| 2270 views | | no replies yet
Post ID: @OP+FDmGVav

"Ace in Chubb clothing"

See the linked interview where Greenberg basically says that the new company will be Ace with the Chubb brand & book. If you thought the Chubb culture might survive, you were wrong. http://m.institutionalinvestor.com/Article.aspx?ArticleId=3520126 — read more 

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| 2695 views | | 2 replies (last March 3, 2016)
Post ID: @OP+FCvqdeC

Layoffs in Property Casualty Insurance

Chubb is not the only company suffering right now, it's only January in 2016 and many property casualty insurance companies had layoffs

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| 2090 views | | 1 reply (January 26, 2016)
Post ID: @OP+FCq3tBB

Chubb's Warren HQ is closing.

Probably common knowledge, but for those not "in the know," Chubb's Warren HQ will be closing within 90 days. Employees will be moved to other offices, especially Whitehouse Station, where Evan Greenbergs new office is being constructed...

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| 4630 views | | 8 replies (last August 10, 2016)
Post ID: @OP+FBCyOcp

Read between the lines

650million in savings by year 3. Expect accelerated layoffs in year 2 into 3. Will maximize learning opportunities in year 1 of integration then start accelerated cuts. They are banking on a lot of chubb people leaving. Would estimate 2000jobs lost... — read more 

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| 2790 views | | no replies yet
Post ID: @OP+FxHtsDy

Dont forget

We also have lower salaries at Chubb - if compared to our peers. That's because the company was offering work life balance and some stability... Yet, since the Acquisition morale is very low. - I would say it reached the bottom. It's very shocking... — read more 

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| 3350 views | | 2 replies (last January 14, 2016)
Post ID: @OP+Fqypn6E

The acquisition by ACE introduces a lot of uncertainty

Chubb will at some point experience much bigger issues if compared to what we have now - the industry is slowly changing and it'll catch up with us. Chubb is very slow to move in the face of change, and that's not good for workers and shareholders... — read more 

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| 2640 views | | 4 replies (last January 30, 2016)
Post ID: @OP+Fq3xsuI

If you're in IT, get ready for a bumpy ride

Can't say how I know. But if you are in IT, I suggest you brace yourself for big changes in 2016. Sorry to hurt anyone's feelings, cause honestly they're all nice people, but big changes are probably well warranted. The bloat, the churn, the... — read more 

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| 2650 views | | 5 replies (last February 12, 2016)
Post ID: @OP+F8DEHPl

What’s up with all the meetings here at Chubb

What’s up with all the meetings here at Chubb – seriously, we have non-stop meeting, it’s totally irrelevant sometimes, like Underwriters attending meetings that do not have anything to do with their territory. People love to meet here. If I have to... — read more 

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| 2230 views | | no replies yet
Post ID: @OP+EZuWvvR

SHOW ME THE MONEY!

There is a lot of uncertainty revolving around the upcoming ACE merger. Before the acquisition, Chubb had started looking the staffing model in the underwriting centers to make the centers more streamlined from the process perspective. They also... — read more 

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| 2293 views | | no replies yet
Post ID: @OP+EZyAWF5

Layoffs - IT, Commercial, E&O/Pro Liablity

Word is yes lay-offs are inevitable but unclear where. We also heard IT might take the biggest hit. Regarding business lines commercial will probably take a hit. Heard that E&O/Pro Liability line. Something about redundant and its a small segment... — read more 

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| 2710 views | | 1 reply (January 21, 2016)
Post ID: @OP+EWXuRix

ACE-Chubb Merger Layoffs 2016

Who will be hit the most - the word on the street is that IT, Finance and HR might be seeing the biggest hits. Now, there is going to be a ton of redundancies on the business side but at this point all of us are just guessing. Overall, it may be... — read more 

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| 4310 views | | 2 replies (last January 16, 2016)
Post ID: @OP+Eoikc8g

Chubb Layoffs 2016

What is the likelihood of Chubb layoffs in Warren in 2016? Please let me know if you have any information.

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| 2920 views | | 3 replies (last September 14, 2016)
Post ID: @OP+EjFbjPv

Liked it at Chubb but got laid off

Used to work for Chubb - My job had outstanding benefits, profit sharing and pension plan was exceptional. The company was going through a major layoff and I was let go. That's such a bummer as I enjoyed working there. My boss, Lisa was the best boss... — read more 

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| 2870 views | | 2 replies (last February 12, 2016)
Post ID: @OP+E6so5uV

I have been working for Chubb Insurance for almost 20 years

I have been working for Chubb Insurance for almost 20 years. The firm has been good to me and my family, I have started from the lowest positions and with hard work I managed to climb the ladder and succeed. I understand times are tough, and... — read more 

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| 2230 views | | no replies yet
Post ID: @OP+8ZO4mO5

The profits are sweet

The profits are sweet. All is rosy. But, with regulatory change looming and senior management hungry for even larger bonuses would you be surprised if Chubb was to start laying off folks? There is a myriad of companies that are posting stellar... — read more 

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| 1630 views | | no replies yet
Post ID: @OP+6xlCj0q

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